Coca-Cola to announce Daft successor

Coca-Cola is expected to announce a successor to chairman and chief executive Douglas Daft as early as next month. Contenders for the role are understood to include Procter & Gamble vice-chairman Kerry Clark, Mattel Inc chairman and chief executive Robert Eckert, Kellogg chairman and chief executive Carlos Gutierrez and Gillette chairman and chief executive James Kilts.